Virco Mfg. CEO Robert Virtue's 2008 pay falls 46% to $432K
Virco Mfg. reports 2008 executive compensation
By ExecPay News
Published: May 15, 2009
Virco Mfg. reported fiscal year 2008 executive compensation information on May 15, 2009.
In 2008, five Virco Mfg. executives received on average a compensation package of $306K, a 41% decrease compared to previous year.
Average pay of disclosed executives at Virco Mfg.
Robert A. Virtue, Chief Executive Officer, received $432K in total, which decreased by 46% compared to 2007. 97% of Virtue's compensation, or $421K, was in salary. Virtue also received $11K in other compensation.
Robert E. Dose, Vice President Finance, received a compensation package of $317K, which decreased by 33% compared to previous year. 85% of the compensation package, or $270K, was in salary.
Lori L. Swafford, Vice President Corporate Counsel, earned $278K in 2008, a 37% decrease compared to previous year.
Douglas A. Virtue, Executive Vice President, received $269K in 2008, which decreases by 43% compared to 2007.
Larry O. Wonder, Vice President Sales, earned $232K in 2008, a 42% decrease compared to previous year.
Virco Mfg.'s fiscal year ends on January 31.
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Source: SEC filing on May 15, 2009.